Blockchain in Healthcare

This article was originally published on 23 Consulting. When looking at distributed ledger technologies, there are usually two types of use cases: the ones that optimize and improve existing systems and processes and the ones that create entirely new economic models. Both scenarios can bring value and opportunities to healthcare business if pain points are[…]

What is a blockchain in a public health context? Blockchain could be defined by 3 main characteristics : 1. Blockchain Is Not Just Bitcoin But A Public Ledger A blockchain can be described as a public ledger to which anyone can contribute. The ledger keeps track of transactions that are validated by a network of[…]

BLOCKCHAINS AND PHARMACIES: A NEW WAY OF LEVERAGING MEDICATION ADHERENCE Non-adherence to a treatment is becoming an important public health issue. This bad behavior is accountable for 125,000 deaths in the U.S. alone and costs the country $300B each year. There are multiple reasons that explain why patients do not take their treatment[…]

WHY BLOCKCHAIN FOR HEALTHCARE IS A GAME CHANGER In 2017, blockchain will change healthcare. Although this might seem like a bold statement, the facts show that this years could mark a turning point in the sector’s history. Blockchain for Healthcare is on its way to disrupt the industry. Blockchain, ICOs, AI. Healthcare[…]

PHARMA FIRMS CAN SOLVE ISSUES OF TRUST WITH BLOCKCHAIN. BUT ARE THEY WILLING TO? For a very long time, the pharmaceutical industry has had the wind in its sails. Revolutionary drugs called “blockbusters” were released into the market to cure, until then, fatal diseases, laboratories were the main source of innovation in the medical[…]

Blockchain in Healthcare : a New Revolution is Coming This is an English translation of the original article published in Cotidianul.ro in Romanian about blockchain in healthcare. Over the last 20 years, the economic system has moved from a centralized model around large organizations that provide goods or services to[…]

Although there have been many therapeutic innovations over the past years, the health care system hasn’t evolved much. Doctors struggle to find their patient’s complete medical records, fake drugs invade the market in developing countries causing great public health issues and patients don’t trust the pharmaceutical industry to release effective drugs on the market based[…]

When it comes to health care, collecting, storing and using data is a very complex process. Although user information is sensitive, we can leave behind us pieces of data without even knowing it, especially when using health apps. Whether it is the number of steps we take each day, our heart rate during a[…]

Share This: The more you focus on blockchain technology and its use cases in healthcare, the more you realise that there are a lot of people talking about it but not much is actually being done. Although imagining the future of healthcare seems very exciting at first, getting to really change things and make[…]

Blockchain Use Cases in Healthcare Use Case #1 : Drug Traceability What is the problem? Drug counterfeiting is a major problem in the pharmaceutical industry. Here are some metrics revealed by the Health Research Funding Organisation: 10% to 30% of the drugs sold in developing countries are counterfeit; The counterfeit drug market is worth $200 billion annually;[…]